If Vodka and Whiskey Are Substitutes

question 76

Multiple Choice

If vodka and whiskey are substitutes

• A)a ban on vodka imports would increase the price of whiskey.
• B)the demand for vodka would increase if the price of whiskey fell.
• C)an increase in the tariff imposed on vodka imports would reduce the price of whiskey.
• D)the demand for whiskey would increase if the price of vodka fell.

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Definitions:

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A novel by Harriet Beecher Stowe published in 1852 that significantly influenced American attitudes toward slavery and contributed to the abolitionist movement.

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